{"id":84590,"date":"2025-02-19T00:00:00","date_gmt":"2025-02-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/19\/msc-acquires-49-stake-in-marsa-marocs-eastern-container-terminal-at-moroccos-nwm-port\/"},"modified":"2025-02-19T00:00:00","modified_gmt":"2025-02-19T00:00:00","slug":"msc-acquires-49-stake-in-marsa-marocs-eastern-container-terminal-at-moroccos-nwm-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/19\/msc-acquires-49-stake-in-marsa-marocs-eastern-container-terminal-at-moroccos-nwm-port\/","title":{"rendered":"MSC acquires 49% stake in Marsa Maroc\u2019s Eastern Container Terminal at Morocco\u2019s NWM Port"},"content":{"rendered":"

<\/strong>Marsa <\/strong>Maroc<\/strong> has inked an agreement with MSC subsidiary <\/strong>Terminal Investment Limited<\/a><\/strong>(TIL)<\/a><\/strong> to split ownership of Nador West Med (NWM) Eastern Container Termina<\/strong>l<\/strong>, according to a press release<\/a>. The agreement \u2014 which is pending regulatory approval \u2014 will grant TIL 49% ownership of the subsidiary owning the terminal, while Marsa Maroc will retain the remaining 51% as well as voting rights. The value of the contract has not been disclosed.<\/p>\n

Background:<\/strong> Marsa Maroc\u2019s 25-year concession of the Eastern Container Terminal was announced in June last year<\/a>, with the port operator slated to invest EUR 200 mn in the terminal\u2019s first phase. It is planned to encompass 70 hectares with a depth of 18 meters and a 1.5k-meter-long quay, with a full capacity of 3.4 mn TEUs. The first phase of the terminal is expected to be commissioned by early 2027.<\/p>\n

The port will also feature an integrated industrial and logistics complex, <\/strong>which will be housed in a free zone developed by the port, according to the Nador West Met website<\/a>. <\/p>\n

TIL in the region<\/strong>:<\/strong> KSA\u2019s King Abdullah Port<\/a> is TIL\u2019s most prominent MENA project, becoming the Kingdom\u2019s largest transshipment port and second-largest handling facility, according to TIL\u2019s website<\/a>. It comprises a 2 km quay and 155 hectares in terminal area and a depth of 17 meters. <\/p>\n

CMA CGM is also in the picture: <\/strong>French logistics provider CMA CGM<\/a> and Marsa Maroc formed a JV last October<\/a> to jointly equip and operate one-half of NWM, with CMA CGM owning 49% of the JV and Marsa Maroc owning the rest. This JV planned to invest EUR 280 mn in the port\u2019s infrastructure to achieve an annual terminal output of 1.2 mn TEUs. The 35-hectare portion under the JV\u2019s remit is distinct from the eastern container terminal now jointly owned by Marsa Maroc and TIL.<\/p>\n

\n

IN OTHER PORT NEWS FROM BAHRAIN<\/p>\n

Bahrain<\/strong>\u2019s <\/strong>Transport Ministry has inked a letter of intent with Khalifa Bin Salman <\/strong>Port <\/strong>Operator APM Terminals to upgrade the port\u2019s infrastructure<\/strong>, according to a statement<\/a>. The agreement aims to expand the port\u2019s capacity, integrate advanced logistics services, and foster sustainability. <\/p>\n

APM?Bahrain: <\/strong>APM Terminals Bahrain approved the integration of land freight transport into its activities in August 2024<\/a>. The operator is also working with Bahrain-Maersk<\/a> to expand the ship recycling sector in the country. It <\/p>\n

The port\u2019s latest in numbers:<\/strong> Bahrain\u2019s Khalifa bin Salman Port handled 39k TEU in August<\/a>2024<\/a>, a 7.5% y-o-y increase, according to a report (pdf)<\/a>. This is a 7.5% increase compared to 2023 (pdf)<\/a>. General cargo at the port dipped 38.9% y-o-y to 47.2k tons. The port\u2019s performance on the World Bank and S&P Global\u2019s Container Port Performance Index jumped up by 30 places, taking 43th place in September 2024<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Bahrain + APM Terminals sign letter of intent to upgrade Khalifa Bin Salman Port<\/p>\n","protected":false},"author":1,"featured_media":84591,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[38],"tags":[576,212,26,150,570,37],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ports","tag-apm-terminals","tag-bahrain","tag-cma-cgm","tag-morocco","tag-msc","tag-ports","wpautop","entry"],"acf":{"mongo_id":"de75451a-68ee-48ff-aeed-4d0c8f89af55","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/1870.jpg","photo_position":"above","homepage_title":"","full_issue_title":"MSC acquires 49% stake in Marsa Maroc\u2019s Eastern Container Terminal at Morocco\u2019s NWM Port","related_issue":[84585],"teaser":"PLUS: Bahrain + APM Terminals sign letter of intent to upgrade Khalifa Bin Salman Port","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.9194e99a-ffef-495d-af0a-55f58c4f8fe9.mp3"},"yoast_head":"\nMSC acquires 49% stake in Marsa Maroc\u2019s Eastern Container Terminal at Morocco\u2019s NWM Port - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/19\/msc-acquires-49-stake-in-marsa-marocs-eastern-container-terminal-at-moroccos-nwm-port\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MSC acquires 49% stake in Marsa Maroc\u2019s Eastern Container Terminal at 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